ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why do people want to become entrepreneurs?
A
Make a guaranteed amount of money
B
To be their own boss and make decsions
C
To work longer hours
D
To show off how talented they are
Explanation: 

Detailed explanation-1: -The main reason most people want to become their own boss is the freedom, satisfaction and flexibility it offers them. Entrepreneurs need to embrace new technology and use it to their benefit to continue growing their startups.

Detailed explanation-2: -When you run your own business, you build your own team. You can surround yourself with people who share your vision and work the way you want them to. Being able to nurture new talent and get the best out of your colleagues is one of the most rewarding things about being an entrepreneur.

Detailed explanation-3: -The main benefits of self-employment are the greater control and flexibility over your working schedule you will have in comparison to traditional employment. You may also feel a greater sense of satisfaction and fulfilment in your job knowing you are working for your own business.

Detailed explanation-4: -As an entrepreneur, you have to make difficult decisions on a daily basis. Those decisions can make or break the future of your business – so, if you don’t have the right decision-making process, you’ll put your business at risk. But the decisions don’t just affect your business – they also affect your life in general.

Detailed explanation-5: -When conventional career paths don’t offer you freedom and control-or don’t seem to be available to you-the obvious choice is to start your own business. “Starting a business allows you independence and control in your work, and the potential to earn a higher income and pursue opportunities you’re passionate about.”

There is 1 question to complete.